5th Jun 2008 10:00
Mr David Murangari, Managing Director of Bindura Nickel Corporation Limited, elected as President of the Chamber of Mines of Zimbabwe
London, 05 June 2008 - The Board of Mwana Africa plc ("The Company"), the pan-African resource company is pleased to announce that on Friday 30th May the Managing Director of Bindura Nickel Corporation
Limited (in which Mwana has a 53 per cent controlling interest), Mr David Murangari, was elected to the Presidency of the Chamber of Mines of Zimbabwe ("Chamber") by its members. He takes over as President from Jack Murehwa, the Chief Operating Officer of Zimplats Holdings Limited. The appointment is for one year, during which time Mr Murangari will continue in his role at Bindura Nickel Corporation, where he has been Managing Director since 2007.
The Chamber of Mines of Zimbabwe is the umbrella body concerned with all aspects of the mining industry in Zimbabwe. Members of the Chamber include all the major mining companies active in Zimbabwe as well as mining associations and companies that provide services and supplies to the mining industry.
Commenting on the announcement, Kalaa Mpinga, Chief Executive Officer of Mwana Africa, said: "David Murangari has built a personal reputation as a strong and effective leader. He has seen Bindura through difficult times and ensured continued production and work for our skilled employees. With his track record as a Permanent Secretary in the Ministry of Mines and more recently as the Chief Executive Officer of the Chamber and the various stakeholders in the Zimbabwean mining sector, he can now be proud to take on this role at the Chamber of Mines of Zimbabwe where he will represent the whole mining industry during these challenging times in the country. I believe the energy and capabilities of the Zimbabwean people and the rich resources in the ground are both huge assets that point to a prosperous future for the mining industry there."
Enquiries:
Kalaa Mpinga, CEO Tel: 020 7654 5588
Oliver Baring, Executive Chairman
Mwana Africa plc
Tom Randell / Anca Spiridon Tel: 020 7653 6620
Merlin
Ryan Gaffney, Vice President Tel. 020 7050 6500
Canaccord Adams Limited
Notes to Editors
The Chamber of Mines of Zimbabwe is the third oldest in Africa, and was formed in 1939, with the amalgamation of the Rhodesian Chamber of Mines (Bulawayo) and the Salisbury Chamber of Mines. The Chamber's function is to promote, encourage, protect and foster the country's mining industry. Its main activities are focused in the areas of economic affairs, industrial relations, the representation of the views of the mining industry to government and other bodies, provision of services aimed at promoting a healthy and safe working environment, training and environmental protection. It also acts as an industry watchdog, with responsibility for establishing and maintaining a favourable image of the industry.
The Chamber aims to be proactive in terms of lobbying to try to achieve growth in mining volumes and the recognition of the industry's true worth to the country.
Related Shares:
Asa Resources